In November 2022, an article revealed that FTX was co-mingling customer funds with Alameda Research, a crypto hedge fund also run by SBF. Binance, the largest crypto exchange, began liquidating ...
FTX, a leading cryptocurrency exchange created by Sam Bankman-Fried, and Alameda Research, the crypto trading firm also founded by Bankman-Fried, were central to this high-profile legal case.
WELCOME TO OUR live coverage of the verdict in the trial of Sam-Bankman-Fried. The FTX founder has been found guilty on all seven charges and faces up to 115 years in prison. The guilty verdict ...
Gary Wang, the cofounder of FTX, has been a mysterious but critical player in the rise and spectacular fall of the crypto empire. After pleading guilty to fraud in December, Wang has been ...
Jan 31 (Reuters) - Bankrupt crypto exchange FTX said on Friday it had resolved a lawsuit it brought last year against K5 Global, a venture capital firm co-founded by a former aide in Hillary ...
Update 11:00 am UTC: This article has been updated to include quotes from Philipp Zentner. FTX is preparing to distribute more than $1.2 billion in repayments to the bankrupt former cryptocurrency ...
FTX Digital Markets, the Bahamian arm of FTX, will begin repaying creditors who lost access to their funds when the cryptocurrency exchange collapsed in November 2022. According to a Feb. 4 X post ...
Cryptocurrency fans see the most prominent cryptocurrency as a way to financial independence and freedom from the dictates of central banks ... overnight implosion of FTX a few months later.
FTX sued K5 Global in June 2023, seeking to recover $700 million of company funds Bankman-Fried invested into the venture firm. The lawsuit was part of a broader effort to unwind certain ...